August, 2024

August, 2024

Xapo Enters U.K. With Dual Bitcoin and Fiat Interest Accounts
The Bitcoin account yields 1% without staking, lending, or locking up assets, said the company....

Ronin Network Paused After Upgrade Allows Attackers to Drain $12 Million
So-called ‘white hat’ hackers stole 4,000 ETH and $2 million in USDC before the team took action....

PancakeSwap Unveils Multichain Gamified Quest Platform for DeFi in Beta
PancakeSwap, a leading decentralized exchange (DEX), has unveiled a new platform called 'PancakeSwap Quest...

Senator Warren Urges CFTC to Ban Political Betting Contracts Amid $500M Polymarket Bets
Senator Elizabeth Warren, along with other Democratic lawmakers, is urging the Commodity Futures Trading Commission (CFTC) to finalize a ban on political betting contracts...

SEC Pushes Back Against Coinbase's Subpoena Requests for Gary Gensler's Emails
The Securities and Exchange Commission (SEC) is pushing back against Coinbase's subpoena requests for documents related to SEC Chair Gary Gensler...

Digital Asset Investment Products Face $528 Million Outflows, Including $400 Million in Bitcoin and $146 Million in Ethereum
Digital asset investment products experienced significant outflows totaling $528 million last week, marking the first decline in four weeks, according to CoinShares...

Pendle Finance Launches PT-weETH and PT-sUSDe, Offers 12% APY on Ethereum, and Sees 40% Price Surge
Pendle Finance has announced the launch of its principal tokens (PTs), specifically PT-weETH and PT-sUSDe, on the Term Structure platform, enhancing the utility of yield tokens...

ARK Invest's Cathie Wood Buys $17.8M in Coinbase, $11.2M in Robinhood, 176,963 Amazon Shares Amid Market Slump
ARK Invest, led by Cathie Wood, made significant purchases during a recent market downturn on August 5, 2024...

Ethena's USDe Stablecoin Faces $100 Million in Redemptions Amid Stress Test, Maintains 101% Reserve
Ethena's USDe stablecoin has experienced nearly $100 million in redemptions this week, marking a significant stress test for the synthetic dollar...

Massive Crypto Heist: 3,996 ETH and 1.9M USDC Stolen and Returned from Ronin Network
The post Massive Crypto Heist: 3,996 ETH and 1.9M USDC Stolen and Returned from Ronin Network appeared first on Coinpedia Fintech News Year 2024 is getting very tough for the crypto ecosystem. The gl...

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